Category : News
Author: Jay Marlowe

OPINION: When Covid-19 forced New Zealand to shut its borders, it left refugees we had committed to resettle in precarious circumstances with shattered hopes.

The latest United Nation figures put people forcibly displaced by conflict at nearly 80 million – a near doubling from 10 years ago. Each minute of every day last year, 21 people were separated from their friends, family and communities because of who they are or what they believe.

Article: https://www.stuff.co.nz/national/immigration/300336263/new-zealand-has-one-of-the-lowest-refugee-rates-in-the-world--and-room-for-more
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Note from Nighthawk.NZ:

No no no... Sorry but we have a housing crisis at the moment. What is the point in bringing in more refuges from around the world if we can't house them properly. We already can't house kiwi's that live here.

Sort the housing crisis out first and then look at the numbers. Look after the people that are already here before expanding on those numbers.

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Category : News
Author: The Rt Hon Elizabeth Truss MP

UK International Trade Secretary Liz Truss and New Zealand Trade and Export Growth Minister Damien O’Connor concluded a day of detailed trade talks in London yesterday (Thursday 17 June).

Minister O’Connor’s visit concludes the fifth round of talks, in which strong progress was made in agreeing key issues across the deal including reaching consensus on disputes, transparency and gender equality in trade. Both countries have agreed to accelerate negotiations to finalise the details of the deal.

Article: https://www.gov.uk/government/news/press-statement-on-trade-talks-between-uk-and-new-zealand
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Category : News
Author: NZDF

New Zealand Defence Force personnel working as part of international sanctions enforcement against North Korea have detected and reported illicit ship-to-ship transfers and vessels of interest.

In April the Government committed a Royal New Zealand Air Force P-3K2 Orion maritime patrol aircraft in support of United Nations Security Council sanctions against North Korea.

Article: https://www.nzdf.mil.nz/nzdf/news/rnzaf-completes-north-korea-sanctions-enforcement-deployment/
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Category : News
Author: Zane Small

ACT leader David Seymour is sceptical about what one economist has described as a "positive surprise" increase in New Zealand's gross domestic product (GDP).

GDP is calculated by comparing what the Government owes with what it produces. Figures released on Thursday show it increased 1.6 percent in the first three months of this year. 

Article: https://www.newshub.co.nz/home/politics/2021/06/act-leader-david-seymour-sceptical-as-government-praised-for-positive-surprise-gdp-increase.html
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Category : News
Author: Priscilla Dickinson

New Zealand Gross Domestic Product (GDP) rose 1.6 percent in first quarter of this year, latest figures show.

In an announcement on Thursday, Statistics New Zealand confirmed GDP, a measure of growth in national outputs, rose 1.6 percent during the March 2021 quarter.

Article: https://www.newshub.co.nz/home/money/2021/06/new-zealand-gdp-up-1-6-percent-in-latest-figures.html
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Category : News
Author: Zane Small

The Reserve Bank is looking to restrict lending to house buyers whose debts outstrip their income - a tool known as debt-to-income (DTI) ratio limits.

Finance Minister Grant Robertson has agreed "in principle" to allow DTIs, which the Reserve Bank has described as "likely to be the most effective additional tool" to help stabilise ballooning house prices. 

Article: https://www.newshub.co.nz/home/politics/2021/06/debt-to-income-limits-reserve-bank-looks-to-restrict-lending-to-house-buyers-whose-debts-outstrip-income.html
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Note from Nighthawk.NZ:

 So now it will only be investors that buy houses, increasing the price of the housing market and not those that are needing the house in the first place... right!

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Category : News
Author: Madison Reidy

If you're wanting to buy a home, you might need to lower your expectations about what you can afford after the Government gave the Reserve Bank the power to cap mortgages against your income.

That means the amount you're allowed to borrow could be cut.

Article: https://www.newshub.co.nz/home/money/2021/06/broker-warns-poor-will-get-poorer-if-government-introduces-debt-to-income-caps-to-stop-monster-mortgages.html
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Category : News
Author: Hamish Cardwell

Wellington retailers in the central shopping corridor are scared a plan to ban cars from the area will cause businesses to close or abandon the area.

What is known as the Golden Mile - Lambton Quay, Manners and Willis Streets and Courtenay Place - will only be open to buses, cyclists and pedestrians.

Article: https://www.newshub.co.nz/home/new-zealand/2021/06/wellington-businesses-anxious-over-golden-mile-car-ban-plan.html
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